13766. Connecticut River Savings Bank (Charlestown, NH)

Bank Information

Episode Type
Suspension → Closure
Bank Type
savings bank
Start Date
January 1, 1894*
Location
Charlestown, New Hampshire (43.239, -72.425)

Metadata

Model
gpt-5-mini
Short Digest
1c137034

Response Measures

None

Description

The bank had suspended business about five years before 1899 and remained closed with an assignee/receiver paying dividends in 1899. No run is described. Cause of the original suspension is not given in the articles.

Events (2)

1. January 1, 1894* Suspension
Cause Details
Article only states the bank suspended business about five years ago; no cause (rumor, insolvency reason, or government action) is specified.
Newspaper Excerpt
The Connecticut River savings bank at Charlestown, which suspended business about five years ago, and which had a number of depositors in this vicinity, is now paying a 10 per cent dividend.
Source
newspapers
2. November 3, 1899 Receivership
Newspaper Excerpt
NOTICE. To the depositors of the Connecticut River Savings bank of Charlestown, N. H. A dividend of ten per cent will be paid all depositors in the above bank whose claims have been allowed, on and after November 8, 1899. Books should be sent to me by mail at Keene. All payments will be made by check. F. C. Faulkner, assignee. Keene, N. H., Nov. 3, 1899. ATHENS.
Source
newspapers

Newspaper Articles (2)

Article from Vermont Phœnix, November 10, 1899

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Article Text

Rev. Walter A. Tuttle of Springfield will occupy the pulpit at the Universalist church next Sunday morning. Senator Proctor took a drive about our streets Monday as he was en route to New Hampshire on a hunting trip. E. D. Crosier has taken the job of carrying the mails to and from the depot, which A. P. Crossett has had for a few months. Mrs. F. W. Lewis is in Bradford attending the annual meeting of the Woman's Home Missionary society of the Methodist churches. Mrs. Lewis is the treasurer of the society. The annual thank-offering meeting of the Woman's Missionary society of the Congregational church was held at the parsonage this afternoon, followed by a social hour and tea. The letter carriers appeared in their uniforms on Tuesday, and they are settling down to their work and are learning their routes so that the mail is being delivered about on time. Mr. and Mrs. Edward Arms went to Boston Wednesday morning from which city Mr. Arms sailed later in the day for the island of Jamaica. Mrs. Arms will join him there in a few weeks if the climate agrees with him. The Methodist church choir are making preparations for a concert to be given in their church Friday evening of next week. They are to have an elocutionist from Washington, D. C., and musical talent from various localities. The Choral Union seems not to be dead, and not discouraged by the large deficit at the close of last year, which has now all been paid except a very few dollars, and next Monday evening a meeting is called of the members at Mr. Barber's music rooms to plan for this winter's work. Mrs. E. R. Robertson left on Thursday to join Mr. Robertson in Dallas, Texas, where he has been for some months. The many friends of Mr. and Mrs. Robertson in Bellows Falls regret that they feel that it is best for them to make their home elsewhere. Nearly a car load of Roman Catholic bishops, priests and other officials, passed through here Tuesday on their way to the funeral of Bishop DeGoesbriand at Burlington. They returned on the flyer Wednesday afternoon. Father Reynolds, pastor of St. Charles church, accompanied them. After adjourning twice for lack of a quorum present, the board of managers of the Mount Kilburn Hospital association, met Wednesday evening, with 17 of the board of 27 present. In organizing, F. G. Flint was elected chairman, and F. M. Thompson, secretary. Executive and finance committees were also appointed. The Connecticut River savings bank at Charlestown, which suspended business about five years ago, and which had a number of depositors in this vicinity, is now paying a 10 per cent dividend. It has heretofore paid an aggregate of 50 per cent dividend, and the receiver now thinks that from the outlook he will be able to pay at least 15 per cent more, making an aggregate of 75. This result is somewhat better than was feared at first, although the loss of interest for five years, and a quarter of the principal is an important matter. A new boiler for Town's hotel was received yesterday. The old boiler was thoroughly tested under full pressure a few weeks ago and found to be in excellent condition. When it was wanted to heat the building since the contractors were through their work it was found there was a large crack in it, and that it was worthless for use. A new one was ordered, which has but just arrived. The defect of the old boiler was in no way attributable to the fire, which did not reach it. This unexpected obstacle has necessitated an annoying delay in the opening of the hotel, which Mr. Boutelle hopes will not be for many days.


Article from Bellows Falls Times, November 16, 1899

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Article Text

Mrs. Catherine Paris and Miss Kirby leave this week for an absence of two months in several cities in the south and west. Mrs. Sutherland, nee Nellie Swan, and her two children from Whitinsville, Mass., are visiting her parents, Mr. and Mrs. William Swan, and will remain until after Thanksgiving. Charles S. Hutchins is painting the church at North Charlestown. Henry Putnam and family, who have been occupying the Hoyt tenement on Main street, have removed to Springfield, Vt. The annual pie supper will be served by the ladies of the Congregational church at their hall on Friday evening, November 17. Mrs. Arthur Putnam and Mrs. Harry Franklin were up from Drewsville on Wednesday of last week. Miss Ellen Fletcher is absent on a week's vacation. A concert and dance will be given by the American band of Claremont at the town hall here Saturday evening, November 18. Concert tickets, 15 cents; concert and dance, 50 cents. George Hunt and family have moved from the Hoyt tenement known as the Bee Hive, to the house owned by Rob Davis and just vacated by Herbert Osgood. Miss Mattie Weld was in town a few days last week. She goes soon to Lakewood, N. J., for the season. Miss Emma Dodge has recently been a guest of Mrs. John Judkins of Northfield, Vt. A representative of the Diamond Match Co., from the Keene branch was in town last week trying to purchase standing pine. The selectmen are superintending the removal of some of the large pine trees in the village cemetery. One that was felled Saturday measured four feet and two inches in diameter. Miss Ela Grace Kendall came up from Worcester Friday to spend Sunday with her mother, Mrs. L. J. Kendall, at Mrs. S. H. Newman's. Mrs. Frank Wilbur 18 endeavoring to of organize a Choral Union for the pleasure and profit of the musically inclined people here this winter. The efficient services of Mr. Coffin of Newport can be secured it there is sufficient interest. Charles Derby from Claremont visited his sister, Mrs. Charles Ensworth, last week. Mrs. Dana Slade, formerly Elizabeth Geer, of Chicago and her sister, Mrs Lizzie Turner, called on friends in town last week. Dr. and Mrs. L. K. Thayer have been spending a few days in Walpole. Last night was observed as'Neighbour's Night" by Charlestown Grange 204, and grangers were present from North Charlestown, Springfield and Claremont. Herbert Bond contemplates a partnership with Alston Evans of Medford in the chair business and will remove from town January 1. Mrs. J. Martin and family have moved to Reading, Vt. Mrs. Tom Maloney entertained her sister from Claremont Saturday. Henry Dugan spent last week with his daughter, Mrs. George P. Hunton, at Claremont. George Clough was down from Windsor last week. Rev. S. A. Parker of Bethel is expected to preach at the Unitarian church next Sunday Mrs. Stillman Jones is living with her daughter, Mrs. Mary Hutchins, in Springfield, Vt. C. H. Hoyt's four-tenement house is for sale. The many friends of Mrs. Leonard L. Lane will be pleased to know that she has sufficiently recovered from her injuries received last May to visit her mother, Mrs. Celeste Snow, in Claremont. Mrs. Lane and her daughter will remain until after Thanksgiving. Mr. Lane, who accompanied them, returned to their home in Worcester. George Snow, employed at the Bruce Place, South Charlestown, disappeared one night last week and his whereabouts are unknown at the present time. The old Springfield coach made its last run last Saturday morning. It is rumored that an out-of-town party has bought the coach to fit up as a tally-ho. Two inches of snow for our first storm. Thermometer at 14 degrees at 6 A. M., on Monday. We are in for six months of it. Don't fail to hear the Central Grand Concert company at Bellows Falls Opera house Thursday evening, November 23. NOTICE. To the depositors of the Connecticut River Savings bank of Charlestown, N. H. A dividend of ten per cent will be paid all depositors in the above bank whose claims have been allowed, on and after November 8, 1899. Books should be sent to me by mail at Keene. All payments will be made by check. F. C. Faulkner, assignee. Keene, N. H., Nov. 3, 1899. ATHENS.